Greetings good citizen,
The, er, ‘stress’ of acclimating myself to a reversed schedule has rendered me more ‘incoherent’ than usual.
Doesn’t help that my perspective is contrary to the BS you’ve had hammered into your head since childbirth. [A phenomenon I find extremely curious because once it is confirmed, you should see it for the ‘self-serving tripe’ that it is without my coaching.]
For those of you not so quick on the uptake I will be more specific, I’m talking about that illusion that increasingly makes less and less sense, money.
I was reading an article online the other night where this professional ‘money manager’ was telling his readers that he charges his kids ‘rent’ (forcing them to ‘save’) so they will learn about the ‘value’ of money.
Understand dipstick’s ‘lesson’ is centered on the no longer viable idea that money pays interest (although that wasn’t the ‘example’ he used, he was using his ‘savings’ to buy stocks!)
So he equated spending money with ‘firing’ his personal money making ‘robots’ (what he referred to them as.)
He went on to claim that he had ‘earned’ $3,000 in annual ‘dividends’ from his holdings.
Do you know how few stocks pay dividends or that companies are under no ‘obligation’ to pay a dividend AT ALL? (Even if they’re crazy profitable.)
Well if you didn’t you weren’t about to be ‘educated’ by this idiot’s article!
Which is to reflect just how ‘unreliable’ professional monetary advice can be.
Worse, the most prominent ‘risk’ when it comes to investing is listening to advisors peddling their own self-interest!
Naturally, you’d expect ‘financial advisors’ to focus on the traditional ‘backbone’ of investment, that of ‘savings’. These days ‘ordinary’ savings vehicles don’t pay spit, which is why chucklehead is ‘speculating’ in the market WITHOUT telling you…although he does ‘volunteer’ what stocks HE invested in (hoping YOU will be STUPID enough to buy them!)
Now, back to reality. Markets around the globe are bleeding from the eyesockets today (which has nothing to do with nothing. Wall Street is so far divorced from Main Street as to be on a different planet, as disturbing as that realization and what it implies means to the average citizen.)
Which leads us to this headline:
What do you suppose the Fed is going to do when people realize the Fed is inflating away their purchasing power?
Can you say Banana Republic?
How are our two stories ‘related’?
Note the extremely poor ‘quality’ of what passes for ‘investment advice’ these days and how shamelessly the pundit uses his (probably already grown and gone) ‘kids’ as a ‘teaching tool’?
How bizarre is it good citizen that this is a perfect example of ‘what you don’t know’ causing insurmountable harm?
Once again your (deliberate) ‘ignorance’ only aids the grifters the government has failed to protect you from.
Not that ‘government the concept’ failed, it was (of course) the humans running it that have failed.
We’re back to ‘weakest links’…as you well know.
How can ‘The Bernank’ maintain this false façade?
Let us return to lesson one shall we?
ALL MONEY IS FUNNY!
I don’t mean just paper or coins, I mean ALL of it!
How ‘astonished’ would you be if I told you our financial system is based on Unicorns?
You’d probably think I was kidding but think about it.
You’ve seen money but you’ve never seen a unicorn so how can this be?
The whole concept of ‘debt’ is imaginary; that’s the first thing you need to wrap your head around!
The next step is really simple…there is absolutely zero difference between debt and unicorns…so there you are!
Even more disturbing is how prevalent the belief in Unicorns (debt) is.
Do you honestly believe Ben Bernanke has an endless supply of dollars at his disposal? (Especially after his masters have hollowed out the US economy?)
Of course you don’t!
But it works today because the price of disbelief is too stiff.
And there’s the rub!
Thanks for letting me inside your head,
Gegner
The, er, ‘stress’ of acclimating myself to a reversed schedule has rendered me more ‘incoherent’ than usual.
Doesn’t help that my perspective is contrary to the BS you’ve had hammered into your head since childbirth. [A phenomenon I find extremely curious because once it is confirmed, you should see it for the ‘self-serving tripe’ that it is without my coaching.]
For those of you not so quick on the uptake I will be more specific, I’m talking about that illusion that increasingly makes less and less sense, money.
I was reading an article online the other night where this professional ‘money manager’ was telling his readers that he charges his kids ‘rent’ (forcing them to ‘save’) so they will learn about the ‘value’ of money.
Understand dipstick’s ‘lesson’ is centered on the no longer viable idea that money pays interest (although that wasn’t the ‘example’ he used, he was using his ‘savings’ to buy stocks!)
So he equated spending money with ‘firing’ his personal money making ‘robots’ (what he referred to them as.)
He went on to claim that he had ‘earned’ $3,000 in annual ‘dividends’ from his holdings.
Do you know how few stocks pay dividends or that companies are under no ‘obligation’ to pay a dividend AT ALL? (Even if they’re crazy profitable.)
Well if you didn’t you weren’t about to be ‘educated’ by this idiot’s article!
Which is to reflect just how ‘unreliable’ professional monetary advice can be.
Worse, the most prominent ‘risk’ when it comes to investing is listening to advisors peddling their own self-interest!
Naturally, you’d expect ‘financial advisors’ to focus on the traditional ‘backbone’ of investment, that of ‘savings’. These days ‘ordinary’ savings vehicles don’t pay spit, which is why chucklehead is ‘speculating’ in the market WITHOUT telling you…although he does ‘volunteer’ what stocks HE invested in (hoping YOU will be STUPID enough to buy them!)
Now, back to reality. Markets around the globe are bleeding from the eyesockets today (which has nothing to do with nothing. Wall Street is so far divorced from Main Street as to be on a different planet, as disturbing as that realization and what it implies means to the average citizen.)
Which leads us to this headline:
To Reassure Investors, Fed Stresses It Will Not End Stimulus
By BINYAMIN APPELBAUM
Concerns about the effects of the Federal Reserve’s stimulus policy can dilute the policy’s impact by causing investors to doubt that rates will remain low.
What do you suppose the Fed is going to do when people realize the Fed is inflating away their purchasing power?
Can you say Banana Republic?
How are our two stories ‘related’?
Note the extremely poor ‘quality’ of what passes for ‘investment advice’ these days and how shamelessly the pundit uses his (probably already grown and gone) ‘kids’ as a ‘teaching tool’?
How bizarre is it good citizen that this is a perfect example of ‘what you don’t know’ causing insurmountable harm?
Once again your (deliberate) ‘ignorance’ only aids the grifters the government has failed to protect you from.
Not that ‘government the concept’ failed, it was (of course) the humans running it that have failed.
We’re back to ‘weakest links’…as you well know.
How can ‘The Bernank’ maintain this false façade?
Let us return to lesson one shall we?
ALL MONEY IS FUNNY!
I don’t mean just paper or coins, I mean ALL of it!
How ‘astonished’ would you be if I told you our financial system is based on Unicorns?
You’d probably think I was kidding but think about it.
You’ve seen money but you’ve never seen a unicorn so how can this be?
The whole concept of ‘debt’ is imaginary; that’s the first thing you need to wrap your head around!
The next step is really simple…there is absolutely zero difference between debt and unicorns…so there you are!
Even more disturbing is how prevalent the belief in Unicorns (debt) is.
Do you honestly believe Ben Bernanke has an endless supply of dollars at his disposal? (Especially after his masters have hollowed out the US economy?)
Of course you don’t!
But it works today because the price of disbelief is too stiff.
And there’s the rub!
Thanks for letting me inside your head,
Gegner
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